Feeds

Ex-Comverse boss arrested in Namibia

From The Fugitive to The Prisoner

Providing a secure and efficient Helpdesk

Police in Nambia have arrested Jacob 'Kobi' Alexander, the ex-CEO of Comverse Technology, the voicemail software maker, who fled the US he was charged with fraud over backdated stock options.

Alexander, 48 was last spotted in Sri Lanka ten days into his two-month sojourn as The Fugitive, after using Skype to make a voice call.

Alexander is one of three former Comverse execs who are accused of securities fraud. He also alleged to have illegally siphoned of $57m out of the US to Israel, in a money laundering scheme. Investigators seized $45m left in US accounts.

In 2005, Alexander ranked 75th in the Forbes list of CEO compensation at America's 500 biggest companies. His pay that year? A lousy $13,882,700, of which stock gains accounted for $9.6m. Still, this wasn't so bad, considering that the median pay in 2005 for CEOs at big firms in the US telecoms sector was an even lousier $1.7m. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.